The image shows a gold (XAUUSD) price chart against the US dollar on a 1-hour timeframe using TradingView. The chart includes buy and sell signals, support and resistance zones, volume data, and price movements. Overview of the Chart The current...
As of March 13, 2025, the EUR/JPY currency pair is trading around 161.00, reflecting a dynamic interplay between the Eurozone's economic resilience and Japan's evolving monetary stance. Recent market movements have been influenced by global trade...
USDJPY Technical Analysis USDJPY is currently trading in a consolidation phase after a strong uptrend. The price is holding above the 150-period moving average, confirming that the overall trend remains bullish. However, the recent rising wedge...
The Three Tops pattern is a bearish reversal chart formation used in technical analysis. It signals that an uptrend may be coming to an end and a downtrend could follow. Here’s a breakdown of its key components and how traders might interpret it:...
NZDUSD currency pair - let’s consider the D1 period chart. After the last growth wave updated the previous one’s maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it. It is only...